Mercantile (Ordinary Share) MRC

UK Growth

Register or Sign in to receive email alerts for items in your favourites whenever we write about them

Add to Virtual Portfolio | Print page

Estimated NAV

1860.00

Share Price

1622.78

Total Returns on £1000 over 

Fund / Benchmark Total returns(%)
Mercantile (Ordinary Share) Price 28.22%
Mercantile (Ordinary Share) NAV 27.44%
FTSE 250 ex Inv Trusts 26.52%
Total Returns on £1000

Discount / Premium Movement

Discount / Premium Movement

Shares

Share Type Yesterday's
Closing Price
Discount / Premium Diluted NAV Gearing Dividend
Est Last
Ordinary Share 1622.0 -12.8% 1860.00 1842.00
26 Jul
110% 2.65%

Discrete performance % over

Fund / BenchmarkAug '13
Jul '14
Aug '14
Jul '15
Aug '15
Jul '16
Mercantile (Ordinary Share) Price9.7918.50-1.45
Mercantile (Ordinary Share) NAV10.9415.68-0.69
FTSE 250 ex Inv Trusts9.7013.341.75

Discrete performance over

Discrete Performance

Top 10 Holdings

Domino Pizza UK & Ireland 2.94%
Micro Focus 2.71%
D S Smith PLC 2.59%
Auto Trader 2.24%
Segro PLC 2.24%
Halma 2.24%
IG Group Holdings 2.12%
Inchcape Plc 2.00%
Just Eat 2.00%
Smurfit Kappa Group PLC 2.00%

Sectors weighting

General Industrials 24.70%
Consumer Services 24.60%
Finance - General 21.20%
Net Current Assets 14.70%
Consumer Goods 7.10%
Technology 5.00%
Oil & Gas 1.10%
Healthcare 1.10%
Materials 0.50%

Regional weighting

UK 85.00%
Cash/Cash Equivalent 15.00%
  • Investment trust info:

  • Sector UK Growth
  • Launch Date 08 Dec 1884
  • Currency GBX
  • Domicile UK
  • Share Price 1622.78
  • Share Type Ordinary Share
  • TIDM MRC
  • ISIN GB0005794036
  • Shares Issued (M) 94
  • Market Capital (£M) 1524.18
  • Gross Assets (£M) 1925.64
  • Net Assets (£M) 1748.16
  • TER (%) 0.50
  • Historic Dividend Yield (%) 2.65
  • Last AGM 25 May 2016
  • Next AGM 25 May 2017
  • Last Annual Report Date 22 Jun 2016
  • Next due Report Date 31 Jul 2016
  • Next due Report Type I/R
  • Objective:

  • To achieve long-term capital growth from a UK portfolio of medium and smaller companies with dividend at least in line with UK inflation.
  • Management Group(s):

  • J.P. Morgan Fleming Asset
  • JP Morgan Asset Management (UK) Ltd
  • JPMorgan Asset Management (UK) Ltd
  • JPMorgan Funds Limited
  • Managed by:

  • Anthony Lynch Start: 31 Dec 2009
  • Guy Anderson Start: 01 Aug 2012
  • Martin Hudson Start: 01 Jan 1994
  • Timothy Lewis Start: 30 Dec 2014
  • Management Contract & Fees:

    Management agreement with JPMorgan Funds Limited terminable on 6 months' notice. The management fee is paid monthly in arrears and is equal to 0.5% per annum of the Company's market capitalisation, excluding funds managed or advised by JPMorgan Asset Management or any of its associate companies.